http://www.amazon.com/Million-Not-Enough-Retire-Money/dp/0446582239/ref=sr_1_1?s=books&ie=UTF8&qid=1408598885&sr=1-1&keywords=a+million+is+not+enoughI read this book hoping to learn a little but more about wealth management and I did. I can't remember where I've seen it online, but I checked my local library for a copy. The author has a six step process to educate new investors on how to grow their assets.
This book was written right before the Great Recession and he did predict Real Estate was in a bubble. It's kind of fun reading books from the past and knowing that things were shaken up not soon after release.
Much of the disjointedness in the book is from the investment advice. While the target audience seems to be neophytes to investing in the Baby Boomer age range, he goes into some detail in the difference between small and large cap stocks which is nice, but mentions his rules of thumb for picking which stocks to invest in or reading PE ratios, which seems like advanced gambling compared to pick an index fund or set of index funds and go all in. Then he goes back to folksy wisdom on how to avoid trying to read the market and not fall into herd behavior.
There are also tax avoidance strategies in case you do not want to give back too much to the United States of America for providing its land of opportunity to you upon your death via the estate tax.
As for A Million not being enough, with inflation the way it is, he might be on to something, although he admits that a man can be happy on $30,000 a year.
Overall recommended for a read from the library, but probably not a buy.
